Fundamentally, I believe BBRY is in a good position to reinvent itself. John Chen has cut a lot of fat from the company, but it remains to be seen if he can successfully expand BBRY's top line.
Key ST resistance level at 0.5 fib level between USD11.60-11.80 zone.
A lot of support is seen at upward sloping blue line added in the chart, so this may a be a good time to add to your position.
This isn't a short term play so watch the pain, not just the gain.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.